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91-47 AUTHORIZING THE ISSUANCE OF $9,950,000 HOSPITAL FACILITY REVENUE REFUNDING BONDS, SERIES 1991A...
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91-47 AUTHORIZING THE ISSUANCE OF $9,950,000 HOSPITAL FACILITY REVENUE REFUNDING BONDS, SERIES 1991A...
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8/22/2016 3:01:28 PM
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Resolution/Ordinance
Res Ord Num
91-47
Res Ord Title
AUTHORIZING THE ISSUANCE OF $9,950,000 HOSPITAL FACILITY REVENUE REFUNDING BONDS, SERIES 1991A... AND $30,050,000 HOSPITAL FACILITY REVENUE BONDS, SERIES 1991B...
Approved Date
6/17/1991
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Section 8. That the execution and delivery by the <br /> Mayor of the Municipality •of the Official Statement in the form <br /> now before this meeting is hereby ratified, confirmed and <br /> , approved. The Municipality does hereby approve the execution by <br /> the Mayor of such amendments and supplements to the Official <br /> Statement as shall be approved by the Mayor , with such execution <br /> to constitute conclusive evidence of his approval and this <br /> Council ' s approval of any and all changes or revisions therein <br /> from the Official Statement now before this meeting. <br /> Section 9. That the pledge of the Series 1991 <br /> Obligations by the Municipality to the Bond Trustee under the <br /> Bond Indenture is hereby approved; such Series 1991 Obligations <br /> shall each be in such form as is approved by the officials of the <br /> Municipality executing the Loan Agreement, with such execution to <br /> constitute conclusive evidence of such officials ' and this <br /> Council ' s approval of the respective forms of the Obligations . <br /> Section 10. That the Mayor and Clerk of the <br /> Municipality be, and they hereby are, authorized, empowered and <br /> directed to cause the Bonds to be prepared in such form and <br /> having the other terms and provisions specified in the Bond <br /> Indenture (as executed and delivered) , provided that such Bonds <br /> shall bear interest at the rates and mature in the amounts and on <br /> the dates set forth in Exhibit A hereto; that the Bonds shall be <br /> �� executed in the name of the Municipality with the facsimile or <br /> manual signatures of the Mayor of the Municipality and the Clerk <br /> -11- <br />
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